Assam PepsiCo, Star Cement India, Varun Beverages among 9 companies to sign MoUs with Assam; investment worth Rs 8201 cr expected
Guwahati: Assam on Tuesday inked Memorandum of Understandings (MoUs) with nine companies that are estimated to bring private investments to the tune of Rs 8201.29 crore.
Commissioner, Industries, Commerce and Public Enterprises Oinam Sarankumar Singh signed the agreements with the industry players like PepsiCo India Holding Limited, Varun Beverages Limited, Calcom Cement India Limited, Star Cement NE Limited, Century Float Glass Limited, Taj Cement Manufacturing Pvt. Limited, Star Cement India Limited and DS Group.
On the other hand, MD AIDC Manavendra Pratap Singh singed an MoU with the Adani Group for a Centre for Perishable Cargo at LGBI airport to provide state of the art infrastructure for air cargo handling facility to boost export of horticulture products from entire North East.
Today, we have signed MoUs with various organisations, which will bring investment worth Rs 8,201 cr to Assam's economy: HCM Dr @himantabiswa pic.twitter.com/tyjBBd6F0D
— Chief Minister Assam (@CMOfficeAssam) May 9, 2023
Chief Minister Himanta Biswa Sarma said, “We have resolved the fault line in our society. The last two years have been unique in our history as for the first time since the Assam agitation, we haven't seen any bandh or agitation that endangered the industrial environment of the State”.
To expedite industrial development in Assam, the state government has formulated a customised industrial policy to help individual private investment to the size of more than Rs 100 crore, Sarma said.
The Chief Minister also said that the investment in the sectors namely beverages, snacks and food manufacturing, cement, glass, electric vehicles manufacturing would help in setting up mega industrial projects in different parts of the state.
He also said the fact that the investments and the follow up activities would generate an estimated 6115 employment opportunities in the state is a very welcome development.
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